Envestnet Q1 2024 Adj EPS $0.60 Beats $0.55 Estimate, Sales $324.950M Beat $324.878M Estimate
Portfolio Pulse from Benzinga Newsdesk
Envestnet (NYSE:ENV) reported Q1 2024 adjusted EPS of $0.60, surpassing the $0.55 estimate, with sales of $324.950M also beating the $324.878M estimate, marking an 8.79% increase over the previous year.

May 07, 2024 | 8:45 pm
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Envestnet reported a strong Q1 2024 with earnings and sales exceeding estimates, indicating robust growth.
Envestnet's earnings beat and sales growth are significant indicators of the company's strong performance and potential for future growth. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in ENV's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100